RBI fined SBI Rs 1 crore, know why action was taken on the country’s largest lender?
Mumbai, 18/10:The Reserve Bank of India (RBI) has imposed a hefty penalty of Rs 1 crore on the country’s largest lender State Bank of India (SBI) for non-compliance of regulatory directions. RBI said that the penalty action has been taken by SBI for non-compliance of the Reserve Bank of India (Frauds Classification and Reporting by…
